Sagimet Biosciences Provides Strategic and Corporate Updates [Yahoo! Finance]
Sagimet Biosciences Inc. (SGMT)
Company Research
Source: Yahoo! Finance
First-in-human Phase 1 clinical trial of FASN inhibitor TVB-3567 ongoing Further MASH development to be undertaken only upon securing non-dilutive funding Sagimet to host a KOL event and webcast, April 30 at 2 pm ET SAN MATEO, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today provided strategic and corporate updates. “Building on the recent successful Phase 3 clinical trial in China of our lead molecule denifanstat in moderate to severe acne, we have taken the strategic decision to advance denifanstat in acne for the U.S., starting with a Phase 3 clinical trial expected to begin in the second half of 2026,” said David Happel, Chief Executive Officer of Sagimet. “We believe the large moderate to severe acne patient population is underserved by the currently approved treatments. Denifanstat, if approved, would
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SGMT
News
- Sagimet Biosciences (SGMT) had its price target lowered by Guggenheim from $27.00 to $25.00. They now have a "buy" rating on the stock.MarketBeat
- Sagimet Biosciences Shares Jump 30% on Acne Trial Expansion Plans [Yahoo! Finance]Yahoo! Finance
- Why Sagimet Biosciences Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
- Why Sagimet Biosciences Stock Is Soaring Today [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Sagimet Biosciences Announces Pricing of $175.0 Million Underwritten Offering of Series A Common StockGlobeNewswire
SGMT
Earnings
- 3/11/26 - Beat
SGMT
Sec Filings
- 4/28/26 - Form 8-K
- 4/28/26 - Form 424B5
- 4/27/26 - Form 8-K
- SGMT's page on the SEC website